This week Top Mexico will be presenting its´ latest webinar entitled ¨Safely Purchasing Property in Mexico¨. I´m sure all of you can´t wait for it to begin, so I will dedicate today´s blog to the subject which I will be speaking about. I´ve included special mention of the role played by your lawyer and the notary public, […]
Mexico lawyers
The Mexican Notary Public
The notary public is one of the most important figures that you will deal with when purchasing property in Mexico. They are a public officer constituted by law to serve the public in matters usually concerned with estates, deeds, powers-of-attorney, and foreign and international business. Their main functions are to administer oaths and affirmations, take affidavits and statutory declarations, witness and authenticate the […]
Purchasing Property in Mexico: Bank Trust and Restricted Zones
Purchasing Property in Mexico: Part 2 In this edition of purchasing property in Mexico we will discuss the details by which non-Mexicans can buy property in the restricted zones, and why non-Mexicans need a bank trust or Mexican corporation to purchases in those zone. Based on Article 27 of the Mexican Constitution, a non-Mexican citizen […]
Mexico Real Estate & the New Immigration Laws! Part I – Residency Status & Requirements
Mexico’s immigration and residency laws are a very important theme for anyone considering buying Mexico real estate, since most buyers will be living in Mexico at least part time among other related benefits and paperwork. The theme is especially exciting now since in early November, the government implemented a new immigration law. So far, I […]
Mexico Real Estate Purchasing Process – Tips on Signatures from a Distance and Title Transfer
After the process of searching and finding your dream property in Mexico, there can be several steps and even “hurdles” to get over before the transaction is complete and you become the proud owner of Mexico real estate. Here at TOPMexicoRealEstate, we work to make buyers aware of these processes, the turns they can take […]
What makes a Mexico real estate contract legal and binding?
An Agreement is defined by Mexican Legislation and the Mexico law as a voluntary pact to create, transfer, modify and/or extinguish rights or obligations; furthermore The Federal Mexican Civil Code and legal doctrine establishes that an agreement is binding when the following elements are met: Existence Items.- These are the most primitive and essential elements […]
Mexico Real Estate Closing Advice and Role of the Closing Agent
Every transfer of Mexico real estate property MUST, by law, be made before a Mexican notary public. The Mexican notary public is required to have a degree in law. He must have a minimum of five years of legal practice, pass a rigorous examination and then be appointed by the governor of the state in […]
Selling Your Mexican Property These Are Some of the Documents Required
If you are selling your Property here in Mexico, the Mexican notary public will require several documents to be present for the closing process If you want a refresh on what all is involved during the Mexico Real Estate closing process click here to see a previous post that I wrote outlining these steps If […]